Thursday, June 26, 2008

Oy gevalt

Des Moines Register:
The American Farm Bureau Federation on Thursday estimated $8 billion in flood damage to Midwestern agriculture. Half the loss was in Iowa.

Farm Bureau economist Terry Francl estimated that Iowa's corn yields will be down by 16 percent this year, causing a $4 billion shortfall. Illinois was next hardest hit, with losses of $1.3 billion.
To make matters worse, there are severe thunderstorms over Missouri and Iowa right now.

No comments: